Executive Summary

Condor Resources plc was admitted to AIM on 31st May 2006. Condor is a mining exploration company focused on the exploration and development of gold and silver resources within Central America. The company owns outright or can earn a majority interest in a substantial portfolio of concessions largely prospective for high-grade epithermal gold and silver in El Salvador and Nicaragua in Central America. 

Condor has four 100% owned licenses and 80% of La India concession in La  India Mining District; three 100% owned licences in three other project areas and 20% in the Cerro Quiroz concession in  Nicaragua.  In El Salvador, Condor has 100% ownership of four licences in two project areas. Condor’s concession holdings currently contain a JORC compliant inferred resource base of 909,000 ounces of gold in Nicaragua and 747,000 ounces of gold and 22 million ounces of silver in El Salvador. The Resource calculations are compiled by independent geologists Ravensgate, Geosure and SRK.

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